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Michigan expands 529 investment menu

(June 16, 2006) - The Michigan Education Savings Program (MESP) has increased the number of investment options available to participants. The age-based option have been expanded to provide a choice among three different risk levels: Aggressive, Moderate, and Conservative. Two static-allocation options have also been added: 100% Fixed Income and Balanced. All options continue to be managed by TIAA-CREF using TIAA-CREF funds.

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